DALIAN: As the Spring Festival is approaching, merchants in the sales area are not very motivated to replenish supplies. Most grain merchants in the production area have limited orders, making it challenging to drive prices up. Zhuo Chuang Information predicts that the price of organic mung beans will be stable before the holiday, and pay attention to the export situation after the Spring Festival and the arrival of mung beans in other countries. Commodity mung beans are temporarily in demand off-season, and most downstream merchants are in a wait-and-see attitude. In this case, it is expected that the market will be light before the Spring Festival, the price will be low, and the price will be stable. After the Spring Festival, Myanmar’s new season of oily mung beans will be on the market one after another. If the new grain grows well, as the market purchase volume increases, the price of Myanmar mung bean will be good.
Current Market Price in China for Organic Mung Bean
Product Name | Organic Mung Bean |
Size | 3.8 mm up |
Moisture | 16 % max |
Package | 25 kg PP bag |
Purity | 99.5 % |
Loading | 22 mt / 20 GP |
Fob Dalian | Usd 1830-1870/mt |
Delivery | 20 days after the contract |